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The anonymous Bitcoin creator, Satoshi Nakamoto, remains the topic of discussion despite his disappearance from the market. Recently, an on-chain analytics platform highlighted a $20K BTC transaction made to Nakamoto’s long-term dormant wallet. Notably, investors’ curiosity is at what could be the intention behind it. Let’s discuss. Arkham Detects $20k Bitcoin Transaction to Satoshi Nakamoto
The post Why Did Someone Send $20K in Bitcoin to Satoshi Nakamoto? appeared first on CoinGape.
This week in crypto recorded several key events across various ecosystems that will continue shaping the industry.
From major partnerships to investment decisions and scam allegations, the following is a comprehensive roundup of crypto news this week.
This week in crypto Mantra’s powering token lost $90% of its value amid allegations of insider dealing and liquidity fragility. Once hailed as a rising star in the RWA (real-world asset) narrative, OM’s collapse wiped out over $5.5 billion in value.
Reports revealed a disturbing pattern of concentrated wallet activity and low liquidity pools, which made OM highly vulnerable to sudden exits.
On-chain sleuths identified one trader whose aggressive selling triggered a cascade of liquidations. This highlights the risks of low-float, high-hype tokens in an illiquid market environment.
“This was due to an entity(s) on the Binance perpetuals market. That’s what triggered the entire cascade. The initial drop below $5 was triggered by a ~1 million USD short position being market-sold. This caused over 5% of slippage in literal microseconds. That was the trigger. This seems intentional to me. They knew what they were doing,” the analyst stated.
Pi Network recorded strong optimism this week as its native Pi Coin surged by double digits. BeInCrypto attributed the surge to the announcement of a key integration with Chainlink.
They pitched this strategic collaboration as a gateway to real-world utility. Specifically, it positioned Pi closer to the broader DeFi and smart contract ecosystem. However, the euphoria proved short-lived.
Market sentiment quickly soured as analysts began comparing Pi Network and the recently collapsed OM token.
Allegations suggest that, like the OM token, Pi coin lacks full clarity around circulating supply, wallet distribution, and centralized control. To some, these are potential red flags in an increasingly regulation-sensitive industry.
“The OM incident is a wake-up call for the entire crypto industry, proof that stricter regulations are urgently needed. It also serves as a huge lesson for the Pi Core Team as we transition from the Open Network to the Open Mainnet,” wrote Dr Altcoin.
Pi coin reversed gains within days, falling 18% from its weekly high. At the time of writing, PI was trading at $0.6112, up by a modest 0.7% in the past 24 hours, per CoinGecko.
This week in crypto also showed that institutional investor interest in altcoins is heating up again, with Grayscale leading the charge.
The digital asset manager unveiled its updated list of assets under consideration for the second quarter (Q2) 2025. BeInCrypto reported that the list featured zero altcoins across sectors such as DePIN, AI, modular blockchains, and restaking. Among the notable tokens being eyed are SUI, STRK, TIA, JUP, and MANTA.
The update reflects Grayscale’s growing thesis around emerging crypto trends, particularly as the firm seeks to expand beyond its core Bitcoin and Ethereum products.
This announcement follows a broader strategic overhaul from three weeks ago when Grayscale reshuffled its top 20 list of altcoins by market exposure. Several older names were dropped at the time, while newer narratives like Solana-based DePIN and Ethereum restaking plays were pushed to the forefront.
The expansion into 40 coins signals Grayscale’s recognition of renewed retail and institutional appetite for differentiated assets. However, inclusion in the list does not guarantee a fund launch. It only indicates Grayscale’s active research.
There was speculation this week about a possible partnership between Ripple’s XRP and banking giant SWIFT in crypto.
This narrative was based on a misinterpreted document. A series of cryptic social posts exacerbated the speculation, which some took as confirmation of collaboration between the global payments network and the XRP ledger.
However, BeInCrypto’s in-depth reporting sank the rumors. While Ripple has long pursued banking institutions and SWIFT has shown openness to blockchain innovations, there is no verified partnership between the two.
SWIFT’s public-facing projects around tokenization and digital asset settlement do not include XRP.
Despite the debunking, the rumors sparked an important conversation about XRP’s long-term positioning. The token remains a top-10 asset and a favorite among retail investors banking on utility-driven price appreciation.
With Ripple’s legal battles with the SEC nearing resolution and international CBDC partnerships in the works, the project is far from irrelevant.
The US Dollar Index (DXY) hit a three-year low this week, sending ripples through the crypto markets. Historically, a falling DXY has been bullish for Bitcoin, and this week was no different, with BTC reclaiming above the $84,000 range.
The greenback’s weakness reflects growing fears of fiscal deterioration in the US, as rate cuts loom and Treasury debt soars.
However, that is just the surface. The global M2money supply has been quietly increasing again, especially across Europe and Asia. This reignites the liquidity conditions that fueled previous bull runs.
Japan’s 10-year bond yields hit multi-decade highs, forcing the Bank of Japan (BoJ) into increasingly precarious interventions. As Japanese liquidity spills outward, crypto and risk assets have become inadvertent beneficiaries.
This macroenvironment is ideal for Bitcoin. Weakening fiat, rising global liquidity, and crumbling bond market confidence create a perfect storm.
The post This Week in Crypto: Pi Network–Chainlink Buzz, Mantra Meltdown, Grayscale’s Q2 Picks, DXY Collapse, and More appeared first on BeInCrypto.
Solana-based meme token FARTCOIN has emerged as today’s top-performing crypto, surging 26% in the past 24 hours. The meme coin trades at $1.06 at press time, with daily trading volume soaring past $650 million.
On-chain data reveals strengthening buy-side pressure, suggesting the token’s rally could extend in the near term.
Beyond the boost from improving broader market sentiment over the past 24 hours, data from Nansen indicates that the activity of the largest holders has partly fueled FARTCOIN’s double-digit surge.
According to the on-chain data provider, whale wallets with FARTCOIN holdings valued above $1 million have increased their token supply by 2% in the last day.
This uptick in whale accumulation has strengthened the market’s bullish bias and could drive further gains if buying activity persists. As of this writing, this investor cohort controls 207.42 million FARTCOIN tokens.
Further, smart money — addresses that have historically demonstrated profitable or highly skilled trading behavior — have also increased their FARTCOIN holdings over the past day.
According to Nansen’s data, their supply has grown by 3% in the same period, and this group now holds 19 million FARTCOIN tokens, signaling heightened interest from seasoned market participants.
This uptick in demand from seasoned investors could drive deeper retail participation, as traders often take whale and smart money activity as a bullish signal.
If retail inflows into the FARTCOIN spot markets grow in response, it could add further momentum to the meme coin’s short-term upward rally.
On the daily chart, the setup of FARTCOIN’s Moving Average Convergence Divergence (MACD) indicator supports this bullish outlook. As of this writing, the token’s MACD line (blue) rests above the signal line (orange).
Also, its green histogram bars have grown in size over the past two trading sessions, signaling bullish momentum is climbing.
The MACD indicator identifies trends and momentum in its price movement. It helps traders spot potential buy or sell signals through crossovers between the MACD and signal lines.
As with FARTCOIN, when the MACD line rests above the signal line, it signals strengthening buying pressure and falling sell-side strength. If this persists, FARTCOIN’s price could break above $1.74.
On the other hand, if demand falls, the meme coin’s price could lose recent gains and drop to $0.74.
The post Whales Sniff Opportunity as FARTCOIN Rockets 26% in a Day appeared first on BeInCrypto.
Dogecoin price surged 2.3% over the last 24 hours to breach the $0.17 resistance amid renewed optimism around Bitcoin ETF-driven inflows.
With Bitcoin ETFs pulling in over $40 billion in assets under management since approval, speculation is mounting about what a potential Dogecoin ETF could mean if DOGE captures just 30% to 50% of BTC ETF inflows.
Dogecoin (DOGE) surged 2.3% in the last 24 hours to trade at $0.173, as speculation around a possible Dogecoin ETF intensified following Nasdaq’s official filing to list the 21Shares Dogecoin ETF.
According to CoinGecko, DOGE has climbed 5.0% over the past week, outperforming Bitcoin’s 1.1% gain and Ethereum’s 2.1% rise during the same period.
Trading volume remains elevated as traders anticipate a bullish breakout above the $0.18 resistance level. DOGE’s 14-day performance of 11.9% ranks among the highest across the top 20 cryptocurrencies, reflecting positive momentum after lagging during the broader April rally.
On April 30, Nasdaq submitted a 19b-4 filing to the U.S. Securities and Exchange Commission (SEC) seeking approval to list and trade shares of the 21Shares Dogecoin ETF.
This followed an S-1 registration filed by asset manager 21Shares on April 10, in partnership with House of Doge, the Dogecoin Foundation’s corporate arm.
The fund will track the CF DOGE-Dollar US Settlement Price Index, and hold DOGE directly — without using leverage, derivatives, or synthetic products. Coinbase Custody Trust has been named as the official custodian.
This filing arrives just days after the SEC delayed its decision on altcoin ETF applications to June 15. While no DOGE ETF has yet been approved, market watchers are already speculating on the potential impact.
Since their January launch, U.S. spot Bitcoin ETFs have absorbed over $40 billion in net inflows, according to latest data culled from Farside.
If a DOGE ETF captures even 30% to 50% of that figure, the potential inflow could range from $12 billion to $20 billion.
At current market conditions, Dogecoin has a market cap of $24 billion. An injection of $12 billion to $20 billion could more than double the total market capitalization, assuming similar trading dynamics and demand pressure as BTC.
That implies a theoretical DOGE price target between:
$0.34 at $12 billion inflow.
$0.50 at $20 billion inflow
Such an increase would reflect 95% to 190% upside from current DOGE prices.
With the SEC’s June 15 deadline for Bitwise’s DOGE ETF and Nasdaq’s 21Shares DOGE ETF application now pending, traders and institutions will be watching closely.
If either ETF gains approval, DOGE could quickly transition from a meme asset to a regulated financial instrument, opening access to institutional capital, retirement accounts, and RIA-managed portfolios.
ETF flow data from April shows that Bitcoin ETFs recently set new records for single-day inflows $936.5 million on April 22 alone, followed by $917 million on April 23.
Dogecoin ETF flows, if approved, would likely follow a similar trajectory with Bitcoin. Enthusiasts suggest Dogecoin ETF inflows could surpass expectations due to DOGE’s pop culture status, high retail engagement, and wide exchange availability.
If Dogecoin ETF inflows reach even a fraction of Bitcoin ETF levels, DOGE could trade between $0.34 and $0.50 in the medium term.
An approval verdict from the SEC would not just be a short-term bullish catalyst for DOGE price action, but it could also solidify memecoin adoption in traditional finance.
The post Here is Dogecoin Price If DOGE ETF Gets 30% to 50% of Bitcoin ETF Inflows appeared first on CoinGape.